AJX
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5.00% 1.1¢ alexium international group limited

Ann: AGM Presentation, page-65

  1. makattack
    34,916 Posts.
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    01/11/19
    14:50
    Post #: 41202776
    The CEO categorically repeated the claim that AJX will be EBITA positive by cal y/e.

    It's going to be one hell of a quarter (which is already 1 month in) if they achieve that. Which begs the question, why then raise this CR now at 6cents? Could have waited 3 months, watch the share price rise substantially and then raise to remove the debt. I don't get it.
    AJX Price at posting: 11.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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